Lotte Shopping Co (XKRX:023530) Accounts Payable & Accrued Expense : ₩2,276,257 Mil (As of Sep. 2024)

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What is Lotte Shopping Co Accounts Payable & Accrued Expense?

Lotte Shopping Co's quarterly accounts payable & accrued expense declined from Mar. 2024 (₩2,552,428 Mil) to Jun. 2024 (₩2,370,910 Mil) and declined from Jun. 2024 (₩2,370,910 Mil) to Sep. 2024 (₩2,276,257 Mil).

Lotte Shopping Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩2,612,595 Mil) to Dec. 2022 (₩2,629,903 Mil) and increased from Dec. 2022 (₩2,629,903 Mil) to Dec. 2023 (₩2,695,803 Mil).

Lotte Shopping Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lotte Shopping Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lotte Shopping Co Accounts Payable & Accrued Expense Chart

Lotte Shopping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,872,824.23

2,321,355.39

2,612,594.84

2,629,903.46

2,695,802.82

Lotte Shopping Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,398,168.32	2,695,802.82	2,552,427.72	2,370,910.13	2,276,257.45

Lotte Shopping Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Lotte Shopping Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lotte Shopping Co Ltd (XKRX:023530) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

1, Sogong-dong, Joong-gu, Seoul, KOR, 100-721

Website

http://www.lotteshopping.com

Lotte Shopping Co Ltd is a Korean retailer with operations in Russia, China, Vietnam, and Indonesia. The company's portfolio consists of both offline and online channels in diverse business areas: retail, food, pharmaceuticals, tourism, real estate, finance and insurance, petrochemicals, chemicals, machinery, electronics, advertising, communications, manufacturing, logistics, and vehicle rental. Nonetheless, the group's reportable segments are as follows: department stores (retail), discount stores (retail), its finance business, consumer electronics retail, convenience stores, and others.

Lotte Shopping Co Headlines

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